Stratview Research has published a new report titled “Decorative Concrete Market” which is segmented by Concrete Type (Stamped Concrete, Stained Concrete, Concrete Overlays, Colored Concrete, Polished Concrete, Epoxy Coating, and Others), by Application Type (Floors, Walls, Driveways and Sidewalks, Patios, and Others), by End-Use Sector Type (Residential, Non-Residential), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

As per the study, the market is estimated estimated to grow from US$ 16.20 Billion in 2021 to US$ 24.13 Billion by 2028 at a CAGR of 5.82% during the forecast period of 2022-2028.

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

Concrete Trends

The Polished Concrete held the largest share 18.6% of the market as it has been observed that there is a surge in the adoption of stamped decorative concrete on account of the new residential construction and commercial projects.

The decorative concrete market is segmented as stamped concrete, stained concrete, concrete overlays, colored concrete, polished concrete, epoxy coating, and others. Decorative concrete provides lucrative features, such as aesthetic enhancement, improvement of indoor air quality, and skid resistance.

Stamped concrete can be installed easily and has a higher strength, which in turn, increases its demand and growth rapidly. Additionally, the growth of the construction industry also provides an opportunity to the market to grow further.

Application Trends

The Floors segment is expected to be the fastest-growing segment of the market during the forecast period.

The market is segmented as floors, walls, driveways and sidewalks, patios, and others. Floors offer various benefits which increase their demand. A wide variety of textures, patterns, designs, and logos can be imparted to decorative concretes, which enhances the aesthetic appeal of floors.

The capability of decorative concrete to offer skid-resistance and high strength makes it more preferable, as it withstands heavy foot traffic, which in turn, increases its demand for the floors’ segment.

Which Region is expected to remain the largest market?

Europe held the largest share of the market in 2021, with Germany, France, and the UK being the major countries with lucrative growth opportunities. 

Germany accounted for the largest share of the market in the region in the year 2021, followed by France. On the other hand, the UK is estimated to be the fastest-growing country in the European region, owing to the increase in the number of housing activities in the country during the forecast period.

The European market has been a leader, considering the factors such as product innovations, in terms of quality and application development processes.

Asia-Pacific and North America are also expected to offer substantial growth opportunities during the forecast period.

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Decorative Concrete Market:

• Arkema S.A.
• PPG Industries, Inc.
• Ultratech Cement Limited
• BASF SE
• E.I. Du Pont De Nemours and Company
• Huntsman International LLC
• RPM International Inc.
• Sika AG
• The 3M Company
• The Sherwin-Williams Company

Key questions answered by the report

• What is the projected CAGR for revenue from the Decorative Concrete Market during the forecast period?
• What would be the market be valued at by 2028?
• What is a major driving factor for growth of the market?
• Which region accounted for largest revenue share in the Decorative Concrete Market?
• Which are the major market players?

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